فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
At a time when the real estate sector in Fez was expected to witness a remarkable revival with the approach of the 2030 World Cup and the launch of major infrastructure projects, a source within the urban agency confirmed to Fez News that initial indicators still show the continuation of the recession, despite some minor movements that remain insufficient to change the reality of the crisis.
The source explained that the reasons for this stagnation are due to the absence of real incentives for investors, the complexity of administrative procedures that hinder the completion of projects, in addition to the poor attractiveness of development designs that do not respond to the ambitions of real estate developers, noting that the current regulatory legislation further complicates matters instead of facilitating them.
In a strong comment, the source said: “There are officials who don’t want real estate developers to profit at all, they just want them to die with taxes and bureaucracy,” referring to the administrative and tax pressures imposed on actors in the sector, making investment in real estate in Fez less attractive compared to other cities that are more open to investors.
This situation raises questions about the strategy the authorities will adopt to revitalize this vital sector, especially with the economic challenges the city is facing, which makes real estate one of the most important pillars to revitalize development and attract investments. Will the authorities intervene to save the sector, or will the crisis continue despite the great opportunities offered by the 2030 World Cup?
Source : Fez News Media
